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Commercial Land
For Sale
$975,000

888 N State Road 3, Lexington, IN 47138

Land, Lexington, IN

Property SizeContact for details
Lot Size8.30 Acres
Days on Market156

Property Features for 888 N State Road 3

General Information

Property type Land
Property subtype Other
Zoning Currently Agricultural
Zoning description Agricultur
Subdivision No Subdivision
Lot features Rural - Not Subdivision, Agric Land
Middle school Scottsburg Middle School
High school Scottsburg Senior High School
Elementary school district Scott County School District 2
Middle school district Scott County School District 2
High school district Scott County School District 2
Directions GPS Friendly
Standard status Active
APN 720617500005000005
Lot size 8.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED
Tax Annual Amount 1532
Legal Description NWQR & NW1/4 NEQR 17-3-8 8.3A WATERSHED

Utilities

Sewer type Septic Needed
Listing Agency: Kovener & Associates Real Esta
Listed By: Casey Elkins · License #RB14051597
Added: May 15 Changed: Sep 30 Last Checked: Oct 17 at 10:06AM
MLS# 22102533

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 8.3-acre commercial land parcel is located along State Road 3 in Lexington, Indiana. Its current zoning is agricultural, and a septic system is needed. The nearest amenities are described as more than 15 minutes away.

Key Highlights

  • 8.3‑acre land parcel
  • Located along State Road 3
  • Currently zoned agricultural

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 47138, IN

4,398
Population
2,077
Households
2.1
Avg Household Size
43
Median Age
13%
College-Educated
90%
High-School Grad
74.8 sq mi
ZIP Area
59
Density / Sq Mi
$73,777
Median Household Income
$43,702
Median Earnings
$1,234
Median Rent
$181,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - The 8.3-acre tract is currently zoned agricultural and requires a septic system.
Where is this commercial land located?
The property is located at 888 N State Road 3 Lexington, IN.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 8.3‑acre land parcel; Located along State Road 3; Currently zoned agricultural
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